SPACEX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.20% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.13% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$12.76 | -$37.24 | -$87.24 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.65 | −$0.65 | −$0.65 |
| Net potential | -$7.60 | -$57.60 | -$107.60 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Crypto.com(cex)- Mark Price
- $148.9000
- Exchange Ticker
- SPCXUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +60.84%
- OI
- $427.29K
- 24h Vol
- $1.20M
Lighter Robinhood(dex)- Mark Price
- $149.0900
- Exchange Ticker
- SPCX-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $4.81M
- 24h Vol
- $10.86M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short179 long / 273 short samples · 2 days · auto-refresh every 30s